Montgomery Budget Highlights
Montgomery County Executive Isiah Leggett (D) proposed a $4.3 billion spending plan yesterday that closes a projected $297 million shortfall through a mix of tax and fee increases and budget cuts:
- Increases spending by 3.9 percent, compared with an 8.5 percent average annual increase during the past 10 years.
- Increases spending on schools by 4 percent, or $74.8 million, representing about 98 percent of the school system's request.
- Exceeds the county's local limit on property tax revenue by raising the average property tax rate by 8 percent. It goes up by 7.5 cents, to 97.8 cents per $100 of assessed value.
- Provides a $1,014 credit for a homeowner's primary residence.
- Eliminates 225 government jobs, in part through early retirement packages.
- Creates an ambulance service fee, ranging from $350 to $750, that would be billed to an individual's insurance provider.
- Eliminates the police department's Community Services Division.